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Allegheny Energy announces leadership changes

October 03, 2008

GREENSBURG, Pa. - Allegheny Energy Inc. announced Thursday that Philip L. Goulding is resigning as senior vice president and chief financial officer effective Oct. 13, when his current employment contract expires.

Goulding will continue his employment with the company through Nov. 7 to assist in transitional responsibilities.

The company announced that Kirk R. Oliver will become senior vice president and chief financial officer effective Oct. 14. Oliver will have responsibility for Allegheny's accounting, financial, information technology, supply chain and tax efforts.

Oliver most recently was a senior executive at Hunt Power in Dallas. He holds a master of business administration from The University of Chicago Graduate School of Business and a bachelor of science in electrical engineering from the Lawrence Institute of Technology.

Allegheny Energy is an investor-owned electric utility with annual revenues of more than $3 billion and more than 4,000 employees. The company owns and operates generating facilities and delivers electric service to 1.6 million customers in Pennsylvania, West Virginia, Maryland and Virginia.

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